AEMD (Aethlon Medical) E10: $-14,949.65 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AEMD Aethlon Medical Inc AEMD
19 GF Score
Price $1.81
! 2 Warning Signs
View Full Analysis

What is Aethlon Medical E10?

Aethlon Medical AEMD -5.70% 19 E10 is $-14,949.65 as of Jun. 2026. GuruFocus rates AEMD with a GF Score™ of 19/100. The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Aethlon Medical's adjusted earnings per share data for the three months ended in Jun. 2026 was $-4.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-14,949.65 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was 32.10% per year. During the past 5 years, the average E10 Growth Rate was 28.50% per year. During the past 10 years, the average E10 Growth Rate was 24.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Aethlon Medical was 34.70% per year. The lowest was 13.40% per year. And the median was 22.90% per year.

As of today (2026-09-05), Aethlon Medical's current stock price is $1.81. Aethlon Medical's E10 for the quarter that ended in Jun. 2026 was $-14,949.65. Aethlon Medical's Shiller PE Ratio of today is .


Aethlon Medical  (NAS:AEMD) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Aethlon Medical E10 Related Terms


Aethlon Medical E10 Historical Data

* Premium members only.

The historical data trend for Aethlon Medical's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aethlon Medical E10 Chart

Aethlon Medical Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -63,140.79 -54,459.32 -31,099.42 -21,711.50 -17,078.44

Aethlon Medical Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -20,634.15 -19,452.57 -18,096.05 -17,078.44 -14,949.65

AEMD vs PFSA, LUDG, NUMD: E10 Comparison

For the Medical Devices subindustry, Aethlon Medical's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aethlon Medical Shiller PE Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Aethlon Medical's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Aethlon Medical's Shiller PE Ratio falls into.


AEMD
19GF Score
Aethlon Medical Inc AEMD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aethlon Medical E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Aethlon Medical's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-4.02/333.9520*333.9520
=-4.020

Current CPI (Jun. 2026) = 333.9520.

Aethlon Medical Quarterly Data

per share eps CPI Adj_EPS
201609 -17,621.766 241.428 -24,375.068
201612 -9,346.752 241.432 -12,928.553
201703 -11,546.438 243.801 -15,815.998
201706 -12,529.129 244.955 -17,081.210
201709 -8,149.413 246.819 -11,026.350
201712 -4,746.121 246.524 -6,429.299
201803 -4,470.722 249.554 -5,982.699
201806 -3,872.392 251.989 -5,131.942
201809 -4,691.397 252.439 -6,206.257
201812 -6,514.693 251.233 -8,659.670
201903 -5,196.538 254.202 -6,826.832
201906 -6,498.189 256.143 -8,472.155
201909 -5,104.901 256.759 -6,639.658
201912 -686.416 256.974 -892.036
202003 -761.600 258.115 -985.366
202006 -600.000 257.797 -777.244
202009 -600.000 260.280 -769.829
202012 -800.000 260.474 -1,025.675
202103 -600.000 264.877 -756.469
202106 -640.000 271.696 -786.649
202109 -520.000 274.310 -633.061
202112 -640.000 278.802 -766.599
202203 -1,000.000 287.504 -1,161.556
202206 -760.000 296.311 -856.544
202209 -736.000 296.808 -828.107
202212 -496.000 296.797 -558.093
202303 -408.000 301.836 -451.412
202306 -540.000 305.109 -591.048
202309 -488.000 307.789 -529.481
202312 -548.000 306.746 -596.603
202403 -363.500 312.332 -388.662
202406 -138.000 314.175 -146.687
202409 -80.550 315.301 -85.315
202412 -50.250 315.605 -53.171
202503 -187.100 319.799 -195.380
202506 -42.420 322.561 -43.918
202509 -18.700 324.800 -19.227
202512 -12.250 324.054 -12.624
202603 -5.999 330.213 -6.067
202606 -4.020 333.952 -4.020

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $-14,949.65 mean?
Aethlon Medical (AEMD) has a E10 of $-14,949.65 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Aethlon Medical and its competitors.
Is Aethlon Medical's E10 too high?
Aethlon Medical's current E10 is $-14,949.65. Overall, Aethlon Medical has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Aethlon Medical's E10 compare to PFSA and LUDG?
Aethlon Medical's E10 of $-14,949.65 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Medical Devices & Instruments company?
A good E10 depends on the Medical Devices & Instruments industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Aethlon Medical and its competitors. Aethlon Medical's current E10 is $-14,949.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aethlon Medical stock overvalued right now?
Aethlon Medical (AEMD) has a current E10 of $-14,949.65. The current E10 is $-14,949.65. Aethlon Medical's overall GF Score™ is 19/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Aethlon Medical (AEMD), the current E10 is $-14,949.65 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aethlon Medical Business Description

Address 11555 Sorrento Valley Road, Suite 203, San Diego, CA, USA, 92121
Aethlon Medical Inc is a medical therapeutic company focused on developing the Hemopurifier (HP), a clinical-stage investigational immunotherapeutic device designed to address unmet needs in oncology, life-threatening infectious diseases, organ transplantation and other disease states in which extracellular vesicles (EVs) contribute to disease progression. The Hemopurifier utilizes a proprietary lectin-based technology to bind and remove enveloped viruses and EVs from biological fluids. EVs have been associated with immune suppression, metastasis, and resistance to therapy in cancer, as well as progression of severe infectious diseases. The Company operates as a single reportable segment.
19GF Score

Get the complete analysis for AEMD

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.81
Price